Oahu's Housing Market Warms Up In February
Fieman
by Ben Fieman
1M ago
View in browser Oahu's Housing Market Warms Up In February Single-family home and condo sales continue to rise despite modest Interest rates have been higher for over a year now, right now it’s 6.8% and last year it was almost the same at 6.4% (2 years ago interest rates were at 3% and 5 months ago they were at 8%). So now we have an apples to apples comparison of the same interest rate for the same month and what happened to the Oahu real estate market? Single-family homes went up 8.9% to $1,075,000 and condominiums went up 6.8% to $512,000. That sale everyone was looking for is behind us w ..read more
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Renovation Aloha TV Show & Podcast
Fieman
by Ben Fieman
1M ago
Congratulations @kamohaiandtristyn on your new @hgtv TV series called Renovation Aloha! I love seeing local people doing big things and helping to improve our homes here in Hawaii. Here’s a recent podcast we did together. Go watch their new show ..read more
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American Dream TV S8E42: Host Ben Fieman tours Loco Boutique and Ilikai Marina unit 280!
Fieman
by Ben Fieman
2M ago
American Dream TV S8E42: Host Ben Fieman tours Loco Boutique and Ilikai Marina unit 280! Ever wonder how bikinis are made? Join me as we tour my family business @locoboutique and my latest Ilikai Marina #280 listing for sale at $750,000 on my recent American Dream TV episode that just aired and available now for streaming on Apple TV, Roku, and Amazon Fire. Have an idea for a future episode? Reach out to setup an interview ..read more
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New Year Sees O‘ahu Home Sales Rise
Fieman
by Ben Fieman
2M ago
View in browser New Year Sees O‘ahu Home Sales Rise Properties stay on market a bit longer, but continue to move into escrow in under 30 days Interest rates have dropped about 1% in the past few months down to about the mid 6% level right now which is spurring activity again. As the Feds continue to cut rates it will unlock more inventory from sellers finally willing to let go of their property and buyers will be able to afford more which will make prices go up. Buyers should shop now while there is less competition and refinance in the future when rates come down. Sellers who are able to wa ..read more
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January 2024 Oahu Real Estate Market Update
Fieman
by Ben Fieman
3M ago
View in browser Rising Mortgage Rates, Limited Inventory Cool Oahu’s Housing Market The market was still cool last month with single family homes down 5.1% to $996,000 and condos up slightly 1.5% to $510,000. That's projected to change in 2024 with multiple rate cuts expected. Lower rates mean more buyers entering the market and more sellers willing to let go of their property with a low interest rate. The increase in activity will raise prices. Buyers should shop now and lock something in while there is decreased competition and refinance later. Sellers might want to wait and be patient bef ..read more
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American Dream TV host Ben Fieman tours Hawaii Food & Wine Festival and Waikiki Beach Tower #4004
Fieman
by Ben Fieman
4M ago
My next American Dream TV episode visiting the @hifoodwinefest at Alohilani Resort and a touring a Waikiki Beach Tower penthouse vacation rental aired on Saturday, December 22nd at 2:30pm on CBS (KGMB ..read more
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Aloha 'Aina REALTOR Awards Program 2023
Fieman
by Ben Fieman
4M ago
I have been nominated for the Aloha 'Aina REALTOR Awards Program every year since I became an agent. This award is the most special to me because it has nothing to do with sales numbers and is only achieved by having a client who transacted with you for that year submit a nomination on your behalf. "The Aloha 'Aina REALTOR Awards Program honors and publicly recognizes REALTORS who excel in the real estate profession and provide exceptional service to their clients." Thank you to all of my clients who continue to put their trust in me in helping them buy or sell residential real estate here in ..read more
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O‘ahu Home Sales Remain Sluggish Amid Holiday Season
Fieman
by Ben Fieman
4M ago
View in browser American Dream TV Hawaii! In case you missed it, my most recent American Dream TV episode aired last week Sunday on ABC locally here in Hawaii featuring my good friend Kamea Hadar and his mural artwork in Kaka'ako, a Lamborghini Huracàn EVO supercar, and a Waiea penthouse with its own private rooftop swimming pool and jacuzzi. Enjoy! O'ahu Home Sales Remain Sluggish Amid Holiday Season Median sales prices steady month over month Big news last week the Feds met and decided to hold interest rate steady for the third straight time and set the table for 3 cuts to come in 2024 an ..read more
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Million Dollar Listing Hawaii: 3795 Diamond Head Road for $12M!
Fieman
by Ben Fieman
4M ago
Million Dollar Listing Hawaii: Join me as we tour a $12 million Diamond Head masterpiece located at 3795 Diamond Head Road! This 4 bed home has over 4000 ft.² of living, beautiful ocean views, swimming pool, jacuzzi, daybed, sauna, wine cellar, elevator, and tons of parking. My good friend Daikichi Saito developed the property during the last 4 years and it’s completely newly constructed! Do you know anyone with $12 million who is looking in Diamond Head? Reach out for a private showing ..read more
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O'ahu Home Sales Slows as Mortgage Rates Rises
Fieman
by Ben Fieman
6M ago
View in browser O'ahu Home Sales Slows as Mortgage Rates Rises September sales volume down by double-digits, properties spend approximately three weeks on market Interest rates went up quite a bit in just the last month, from 7.0 to 7.5%. This is slowing down the buyer activity but not really affecting prices because the inventory is still low. Most homeowners have a much lower interest rate and so they don't want to sell their property and deal with the higher interest rates of today's market. Most would be sellers are opting to use their property as a rental instead of selling it. The ..read more
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